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31 rice farmers paid money owed since 2010

Feb 20, 2014 News

Almost 31 rice farmers, who were owed by two Rice Millers, Arnold Sankar and Mahaicony Rice Mills since 2010, received some 90 percent of monies owed to them after an intervention by the Rice Producers Association, Wednesday.
The Rice Producers Association had opted to take the two above mentioned Rice Millers to court.
The farmers received some $13M which the RPA secured as a loan to offset payments to those farmers.
Harvesting has commenced in various areas on the Essequibo Coast but a fixed price for paddy is still unknown due to the uncertainty of the Venezuela market.
General Secretary of the Rice Producers Association, Dharamkumar Seeraj said that the contract between Venezuela and Guyana has not yet been signed due to the problems that continue to prevail in the Spanish-speaking country.
He said that Venezuela is likely to purchase 60 per cent of Guyana’s production. Seeraj said that currently his organization is seeking alternative markets in the Caribbean and further Europe.
At presently some 122 tons of rice still remain in the system and Seeraj laments that unless that rice is gotten rid of, problems will exist with accommodation and alternate backlog of additional paddies to be filtered back into the system.
Meetings with bankers and millers to alleviate and address the major problems of money being owed to rice farmers will be an ongoing process, Seeraj stressed.

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